$COPPER just broke $6.90 — new highs.
What does this mean for crypto?
Simple: Strong copper = strong manufacturing = strong economy. No recession vibes.
When industrial demand is up, risk-on assets follow. Crypto included.
Manufacturers are buying raw materials NOW for future production. That's forward-looking demand. Bullish signal for liquidity and sentiment.
TLDR: Macro is green. Crypto should follow. Watch for continuation.
What does this mean for crypto?
Simple: Strong copper = strong manufacturing = strong economy. No recession vibes.
When industrial demand is up, risk-on assets follow. Crypto included.
Manufacturers are buying raw materials NOW for future production. That's forward-looking demand. Bullish signal for liquidity and sentiment.
TLDR: Macro is green. Crypto should follow. Watch for continuation.
